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Jan 18, 2013
01/13
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we all know the tax code is a disaster. none of us like the tax code. when you talk about the ability to broaden the base, lower the rates and raise revenues, that's a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things in there when you start talking about the specifics of the fact that we need to deal with the home mortgage interest deduction or state and local taxation. then it gets more difficult. so what we've done is we've done the easiest pieces. capping discretionary spending is easy. you don't even have to talk about a single specific policy. taxes the 1% is pretty darn easy. it's going to take more than that to fix the problem. now what we've left is the hardest parts, and so it's how we're going to unravel those next bits. so clearly, the next piece is going to have to focus on entitlement reform. that's the biggest fix that has yet to be addressed. we have three action-forcing moments coming up in the next couple months; the sequester, which they extended for two months, an
we all know the tax code is a disaster. none of us like the tax code. when you talk about the ability to broaden the base, lower the rates and raise revenues, that's a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things in there when you start talking about the specifics of the fact that we need to deal with the home mortgage interest deduction or state and local taxation. then it gets more difficult. so what we've done is...
85
85
Jan 17, 2013
01/13
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CSPAN2
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tax also their more efficient and create more revenue. so you direct the committees to do tax reform. much more complicated issue. but clearly there is a pathway to get this done. that needs to be done. i believe we have an opportunity to do it if the republicans take the right posture in this round. thank you very much. [applause] >> well, we've just heard the answer. so we can all leave here feeling very good. i recommend you immediately call your broker and invest any fund you have in cash into the market, and tell them judd gregg century. look, i think judd is really largely right about this in terms of our overall economic condition, but we do face this extraordinary challenge in the near term. before i get into that let me first thank leading authority for organizing this. mark french, matt jones, thank you. i have so enjoyed joining your team. and to be on team with judd gregg. that is something that delights me. let me just say in the united states senate, judd and i were chairmen and ranking member of the budget committee. sixers
tax also their more efficient and create more revenue. so you direct the committees to do tax reform. much more complicated issue. but clearly there is a pathway to get this done. that needs to be done. i believe we have an opportunity to do it if the republicans take the right posture in this round. thank you very much. [applause] >> well, we've just heard the answer. so we can all leave here feeling very good. i recommend you immediately call your broker and invest any fund you have in...
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69
Jan 16, 2013
01/13
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CSPAN2
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government should do more to help the elderly and the vulnerable and less to help millionaires with tax cuts? >> as i just said, we are doing more to help elderly and the vulnerable. a record state increase, bigger than what the party opposite would have done keeping cold weather payments at the higher level that the last government only introduced before the election. keeping our promise on winter fuel payments, taking all of those steps and making sure, again, something never done by the party opposite that energy companies will have to put people on the lowest tariffs. that is a record we can be proud of. >> steve basic. >> mr. speaker -- [inaudible] my constituency is enb during a hideous regulatory fast thanks to the health and safety executive and the european union. the british economy is very reliant on small and medium businesses far less able to cope with bad regulation particularly when it's badly administer inside the u.k. >> my honorable friend is absolutely right. businesses large and small are complaining about the burden of regulation. not just the burden of regular rati
government should do more to help the elderly and the vulnerable and less to help millionaires with tax cuts? >> as i just said, we are doing more to help elderly and the vulnerable. a record state increase, bigger than what the party opposite would have done keeping cold weather payments at the higher level that the last government only introduced before the election. keeping our promise on winter fuel payments, taking all of those steps and making sure, again, something never done by...
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130
Jan 15, 2013
01/13
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these are american tax dollars it would be better to spend on americans in need. . .
these are american tax dollars it would be better to spend on americans in need. . .
112
112
Jan 16, 2013
01/13
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am hopeful we don't drag this out as some people are saying, then move on to a serious discussion of tax reform. and entitlement issues. icy it the opposite way. let's get this done, the sequestration part and debt ceiling in the next six weeks and then move on.
am hopeful we don't drag this out as some people are saying, then move on to a serious discussion of tax reform. and entitlement issues. icy it the opposite way. let's get this done, the sequestration part and debt ceiling in the next six weeks and then move on.